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Bill: Income Tax Reforms
Details
Submitted by[?]: Socialistiska Forum
Status[?]: passed
Votes: This bill proposes to change income taxes. It requires more than half of the legislature to vote yes. This bill will pass as soon as the required yes votes are in, or will be defeated if unsufficient votes are reached on the deadline.
Voting deadline: October 3485
Description[?]:
| This proposal will have our number of income tax rates halved from 12 to 6. It will see the two lower income tax bands lowered from 23 to 22% for Rate 1 and 25 to 24% for Rate 2. Frederick Angerman VC, Finance Minister |
Proposals
Article 1
We propose to alter income tax brackets to the following setup. Information about the current income tax system can be found here.
| Bracket | Tax | Estimated Revenue |
| > 3,000 TPD | 22% | 11,687,000,000 TPD |
| > 4,100 TPD | 24% | 9,129,000,000 TPD |
| > 5,100 TPD | 27% | 7,310,000,000 TPD |
| > 6,100 TPD | 29% | 5,183,000,000 TPD |
| > 7,100 TPD | 31% | 6,634,000,000 TPD |
| > 8,600 TPD | 34% | 15,298,000,000 TPD | Total | 55,241,000,000 TPD |
Debate
These messages have been posted to debate on this bill:
| Date | 20:00:24, May 13, 2013 CET | From | Liberaalne Blokk | To | Debating the Income Tax Reforms |
| Message | Mr Chairman We support it Progressive Caucus |
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Voting
| Vote | Seats | ||
| yes |
Total Seats: 347 | ||
| no | Total Seats: 0 | ||
| abstain |
Total Seats: 152 |
| Random fact: Did you know you can change the official name of your nation? All you need to do is draw up a new name that is in accordance with the Nation Renaming Guide, pass a bill proposing the name change with a two-thirds majority and then post a request to Moderation on the "Renaming Requests" thread. You can change city and region names in this way too. |
| Random quote: "Zardugal. . . very successfully almost managed to implement democracy on a global scale, a millennia ago. With a seat in the Security Council we can do it again." - Phoebe Ĥoniato, former Zardic politician |